Any trader with a cTrader account can become a Strategy Provider to share trading strategies and charge fees from the Investors. The Strategy Providing option is available from the trader account profile. Please find the detailed information on the Account profiles above in the Account and Strategy profile section and follow the steps below to provide your strategy for copying. Depositing funds into a live LimeFx account is a fast and safe process.
Some of the signals are free of charge; others require a weekly or monthly fee to be paid to the trader or provider of the signal. Live strategies that are marked with the green Live icon, can be Free as well, but mostly, copying them intends trading with the real money and the fees from the Strategy Providers will be charged. Before you start copying a Live strategy, check the fees information which can be found on the Start Copying button.
Not to mention, you can download an almost endless number of add-ons for the platforms and even programme your own. That being said, it is good to see that the broker has included some additional tools to help enhance the overall trading experience so that you can get the most out of your trades. LimeFx’s proven forex trading platform enables you to trade more than 60 currency pairs with low spreads and up to 200x financial leverage.
Metatrader Mobile
You must understand that Forex trading, while potentially profitable, can make you lose your money. CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.
However, LimeFx also offer the cTrader platform for trading Forex using NDD technology. Orders take, on average, less than one millisecond, allowing you to make transactions with minimum slippage. These orders can be opened “manually”; however the main signal providers are trading robots.
Next, traders are required to fill in their financial details, employment status, and trading knowledge. LimeFxs trading fees are generally in line with what is seen at other similar brokers. Additionally, LimeFx operates as either an ECN or a No Dealing Desk market maker. Either way, all client trades are executed without any dealing desk interference, preventing any conflict of interest, except on one of its accounts. British traders will be trading under the LimeFx entity regulated by the Cyprus Securities and Exchange Commission . In addition, AutoTrade, or a social trade platform myfxbook as a reliable way to copy deals from successful traders to your account is generously available on the FIBO platform too.
What we also found fascinating is the great range of trading platforms offered by LimeFx catering needs of various traders with various purposes. Traders can enjoy the most popular trading platform suit consisting of MT4 and MT5 platforms. Also, the broker offers a way more sophisticated cTrader platform limefx forex brokers reviews for expert traders who prefer technical trading. LimeFx is a forex broker offering the MetaTrader4, MetaTrader5 and cTrader top forex trading platforms. That being said, we found both the international and European versions of the broker’s websites very easy to navigate and really quite fun.
LimeFx’s Financial Instruments
It is great to see that LimeFx offers various types of accounts which depend on the client’s capital, experience and preferences. Only one MT5 and cTrader account types are available while the remaining account types are for the MT4 trading platform. This means the broker has conditions setup to cater specifically for different trading styles. One of the key features of this broker that I like, is the availability of fixed spread accounts. They are one of a few brokers that I have come across who actually provided fixed spreads, IronFX being another option. LimeFx provides forex cfd trading with advantages trading conditions.
Signing up for a compensatory scheme that will come along to refund clients’ funds in case of liquidation of the company’s assets. LimeFx offers following assets to be traded on MetaTrader 4, 5 and cTrader. I have lost more than $ in Fibogroup forex Broker in 28 feb 2020, because they reduced my leverage from 1.100 to 1.50 in MT4 platform & 1.100 to 1.33 in cTrader platform at the end of the week. This website is using a security service to protect itself from online attacks.
As with the web trading platform, traders can choose from multiple languages. The final trading cost to consider at LimeFx is the swap rate charged on positions held overnight. In the case of Forex instruments, the amount charged depends on both the positions taken (i.e. long or short) and the rate differentials between the two currencies traded. LimeFx’s swap rates are published on its website for each financial instrument, and the exchange is automatically converted to the base currency of the trading account of the client.
Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you are fully aware of the risks involved and the high probability of losing your money. This broker was established in 1998, and since then on, it dominates the market in Austria, Cyprus, the British Virgin Islands, Russia, Germany, Ukraine, Singapore, Shanghai, etc.
An average of $5 trillion in currencies is traded each day, making it the largest market by volume. Some brokers offer bonuses as a way of welcoming or reimbursing customers for trading with that specific broker. These rewards are usually done by means of cashback programs, “Refer a Friend” programmes or gift vouchers. Then, the spread widened for dozens of pips and even slumps for dozens of pips. From the picture, it can be seen that there is no such price. FIBOGroup’s customer service is poor compared to other similar brokers.
The Mt4 NDD Account
FIBOGroup offers MQL language-based MetaTrader platform MT4 and MT5. Already we mentioned above which account offers which platforms. LimeFx is a Safe forex broker, Regulated – CySEC, FCA, MiFID Company – Finotec Trading UK Ltd, To find the more best brokers reviews Listed. LimeFx Ltd currently maintains offices in Vienna, Limassol, Singapore, Moscow, Munich, Keiv and Astana. They provide a trading platform that offers a wide range of assets for trading in spot metals, ETFs, indices, and individual stocks. LimeFx is an online Forex and CFD’S broker operating an NDD model.
- At the time of writing, no bonuses and promotions are offered, as CySEC, the Cypriot regulator, has banned new bonuses and promotions.
- The broker charges both deposit and withdrawal fees for bank transfers, also you should consider non-trading fees, the broker charges an inactivity fee after a certain period of time.
- The MetaTrader 4 is an independent trading platform, developed for trading FX, commodities and other products and is one of the most advanced and easy platforms to use.
- LimeFx is an online Forex and CFD’S broker operating an NDD model.
- Customer support is based in Cyprus, but there are dedicated lines and email addresses listed on the LimeFx’s website allowing communication with their offices in Shanghai, Singapore, and Limassol.
It has its offices in among the best countries with a good financial backing. Its offices are located in Munich, Vienna, Almaty, Limassol, and Shanghai which are vibrant business hubs and provide the much-needed leverage in operation. Fibogroup.com offers over 55 currency pairs, gold, silver, bitcoin and other cryptocurrencies for your personal LimeFx and trading options. It turns out that the broker is not as ideal as he would like to be. The fact of «faking» quotes, of course, is very difficult to prove, so we cannot assert it for sure, but in any case this information spoils the impression about the provider.
Platforms
Internet trading in the Forex market is the main business area of the company. We are happy to share our expertise and the technologies we use with our customers. Customers are offered MetaTrader 4, one of the best internet trading programs currently available. The customer support team operates from the various office locations are mainly available from Monday to Fridays.
Forex Broker’s Bonuses
Traders have access through the cTrader trading platform’s No Dealing Desk , allowing direct trading with international banking institutions. Demo trading accounts offer traders a chance to practise with https://limefx.vip/ strategies etc. in a risk-free, simulated trading environment with virtual funds. FIBOGroup offers a wide range of payment methods, but traders are charged a commission on both deposits and withdrawals.